The Board has considered and approved the Audited Financial Results (Standalone and Consolidated) for the 4th quarter and year ended March 31, 2026.
SPENCERS · price
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Spencer's Retail Limited reported consolidated revenue of Rs 1,79,999.83 lakhs for FY26, down from Rs 1,99,520.03 lakhs in FY25 — a revenue decline of approximately 10%. The company continues to incur significant losses with consolidated loss after tax of Rs 24,933.22 lakhs (vs Rs 24,636.23 lakhs in FY25). Standalone revenue was Rs 1,52,253.92 lakhs (down from Rs 1,70,092.19 lakhs) with standalone loss after tax of Rs 13,359.87 lakhs (improved from Rs 18,477.82 lakhs in FY25). The auditors issued an 'Unmodified Opinion' but included a going concern note — the Group's current liabilities exceed current assets by Rs 89,593.10 lakhs. The Board also approved a grant of 2,49,000 stock options to employees under the Spencer's Retail Employee Stock Option Plan 2019.
Spencer's Retail remains deeply loss-making with negative equity (Other Equity: Rs -95,798.73 lakhs consolidated). While losses narrowed on a standalone basis and the auditor gave an unqualified opinion, the explicit going concern note and working capital deficit signal significant financial stress. Shareholders should monitor the company's ability to raise capital and execute its turnaround plan.